Item 5. Market for Registrant’s Common Equity
Item
5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Our
common stock is currently listed on the Nasdaq Capital Market under the symbol “VVOS”. On April 14, 2026, the last reported
sale price of the shares of our common stock as reported on NASDAQ was $1.35 per share.
Holders
of Record
On
March 31, 2026, we had approximately 8,150 stockholders of record. On March 31, 2025, there were 13,486,006 shares of our common
stock issued and outstanding. In addition, we believe that a significant number of beneficial owners of our common stock hold their shares
in street name.
Recent
Sales of Unregistered Securities
Except
for sales of unregistered securities that have been previously reported by the Company in either its Quarterly Reports on Form 10-Q or
Current Reports on Form 8-K, there were no sales of unregistered securities of the Company during the period covered by this report.
Securities
Authorized for Issuance under Equity Compensation Plans
The
following table summarizes the outstanding number of awards granted under the 2017 Plan, the 2019 Plan and the 2024 Omnibus Plan as of
December 31, 2025.
Plan category:
Number of Securities to be issued Upon Exercise of Outstanding Options, Warrants, and Rights (a)
Weighted
Average
Exercise Price of
Outstanding Options (b)
Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in column (a)) (c)
Equity compensation plans approved by stockholders
2017 Plan (1)
53,333
$ —
—
2019 Plan (2)
174,380
$ —
—
2024 Omnibus Plan (3)
1,600,000
$ —
489,513
Total
1,827,713
$ 6.83
489,513
(1)
The
2017 Plan permits grants of equity awards to employees, directors, consultants and other independent contractors. Our board of directors
and stockholders have approved a total reserve of 53,333 shares for issuance under the 2017 Plan.
(2)
The
2019 Plan permits grants of equity awards to employees, directors, consultants and other independent contractors. Our board of directors
and stockholders have approved a total reserve of 174,380 shares for issuance out of which 10,000 shares have been exercised under
the 2019 Plan. A total of 287 shares remaining for issuance in the 2019 Plan were retired with the approval and adoption of the 2024
Omnibus Plan.
(3)
The
2024 Omnibus Plan permits grants of equity awards to employees, directors, consultants and other independent contractors. Our board
of directors and stockholders have approved a total reserve of 1,600,00 shares for issuance under the 2024 Omnibus Plan.
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Dividend
Policy
As
of the date of this Annual Report on Form 10-K, we have never paid or declared any cash dividends on our common stock, and we do not
anticipate paying any cash dividends on our common stock in the foreseeable future. We intend to retain all available funds and any future
earnings to fund the development and expansion of our business. Any future determination to pay dividends will be at the discretion of
our board of directors and will depend upon a number of factors, including our results of operations, financial condition, future prospects,
contractual restrictions, restrictions imposed by applicable law and other factors our board of directors deems relevant. Our future
ability to pay cash dividends on our stock may also be limited by the terms of any future debt or preferred securities or future credit
facility.
Purchases
of Equity Securities by the Issuer and Affiliated Purchasers.
None.
Item
6. Reserved.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.